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tv   With All Due Respect  Bloomberg  May 20, 2016 8:00pm-9:01pm EDT

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mark: i am mark halperin. john: i am john heilemann. to nicoledue respect" wallace and especially donny deutsch -- i am back. ♪ john: happy friday, sports fans. or as they say across the pond, happy friday, sports fans.
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oh and cheerio and pip pip. we start our show with a little british flavor because of what donald trump said about david cameron. in the spirit of such trump phoner, we brought our own trump phoner phone booth in case demand -- in case the man calls. in the day's coverage on egyptair, not a lot of other news is breaking through. on any other day the presumptive , republican nominee, what he said about the british prime minister would be big news. for context they have not been , the best of friends. david cameron has called donald trump's proposal for a ban on muslims "divisive, stupid, and wrong." donald trump told gmb, the british version of gma, that he is not a divisive person and "i'm not stupid, ok?" which makes donald trump's statement about p.m. cameron
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rather interesting. mr. trump: he came after me a little bit. he would like me to visit 10 downing street. they put out that invitation two days ago, so i would do just fine with david cameron. i think he is a nice guy. i will do just fine. they have asked me to visit 10 downing street. i might do it. john: they put up that statement 2 days according to mr. trump. the prime minister's office at 10 downing street responded this afternoon, saying it is long-standing practice for the british leader to meet with nominees for both american political parties, but because donald trump and hillary clinton are not confirmed nominees yet, "there are no confirmed dates" for this meeting. there is room for interpretation here. what trump seems to have said is not clearly right or true. is he courting much danger by playing fast and loose with the facts here? mark: the clinton campaign raises it with reporters off-line all the time. the chairman of the campaign put out a statement, pounding on
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this notion of not being able to trust him. we have both talked for a long time about trump in the nomination fight when there are international incidents. i think there could come a time in the debate in the fall where trump says something that is wrong and it it is called on. in the short-term, i don't think it is, and i think the people who think insulting the british prime minister is going to be a problem for him with the electorate he has to put together, i don't think that is the case. john: i don't think it is a good idea for political candidates to lie or play fast and loose with two the facts. we would like to think -- mark: that our presidents can be held accountable when they do. john: that's correct. i also think that at some point, and i don't know when that will be, but if world leaders start to express a consensus that donald trump is unfit for office, i don't know how it will play with every voter in america, but it is not good.
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it's not what you want, especially if you have a chance of being the president. mark: let me tell something to the british people. if you think donald trump is going to win, your leaders are going to start sucking up to him. the brits do that. [laughter] if trump looks like he will win in the fall, cameron will be like his best friend. [phone rings] john: uh oh! wait, i think trump is calling. our operator tells us that the donald has to say something. go ahead donald, you were on the line. mr. trump: he knows nothing about me. he knows nothing about what i said. i'm not a big fan of his -- take a look at two things, look at where our country is with years of him being involved. we are a mess, number one. i know he has a great reputation and all of that. all of these guys have a great reputation. they have been doing that stuff for 15 years. look where our country is, ok? we need a new group with better thinking. john: thank you, mr. trump.
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we appreciate the phone call. a sharp response to the sigrid -- to the secretary criticism of him yesterday. mark, does this put an end, my friend, to the rather lunatic fantasy that mr. gates could end up being donald trump's running mate? mark: pretty much. [laughter] look, i've been surprised at gates. he was critical of trump and hillary clinton, and donald trump could take a running mate that he has criticized. the reason i think this ends it. i think at this point, the thing is too close. donald trump said in a dismissive way that he did not care about gates' credentials. i think i was probably wrong. but i will say say, i still
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think someone like gates is trump's best bet. john: here are a bunch of things to think about. one, donald trump was pretty feisty. i don't understand why he picked that fight. gates was not spoiling for a fight with trump. trump flew off the handle. part of the reason you have your fantasy is because you are among some reporters who were told by people in trump's orbit that gates might be a good pick, so maybe that points to a little dissension in trump's world. if they were lighting -- if they were trying to lead trump towards gates, he slaps back not just gates, but some of his own aides. mark: i don't waste my time at this point in my career, but some people are telling me that donald trump is leaning towards somebody who is not a safe or solid pick. john: that would be a mistake. [phone rings] mark: standby. the phone is ringing again. once again donald trump is trying to reach us. the operator says he has more thoughts on egyptair flight 804.
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mr. trump: we cannot continue to let things like this happen. we are being taken advantage of by radical islamic terrorists, and this world is changing. another couple of planes go down and you will have a depression worldwide the likes of which you have never seen, because nobody's going to travel. there will be no anything. there will be no communication between countries, and you will have a problem the likes of which you have never seen. mark: thanks for the call. for example, donald trump dedicated five tweets to hillary clinton, including this one. he said "crooked hillary has zero imagination and even less stamina. russia and china would love for her to be president. wait, there's more. he also tweeted this one.
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" crooked hillary looks presidential? i don't think so." trump being what jeb bush called a chaos candidate, or is they a cohesive worldview that could help him in a general election against hillary clinton? john: the problem is that the views he is expounding is at odds with the views he had at the time. people have got to start staying this. donald trump cannot maintain that he was always a steadfast opponent of going to iraq. there is documentary evidence he said to howard stern that said that we should have invaded iraq. libya is even more egregious. he made a big deal on how we had to go into that country, and now claims he was against it the whole time. if donald trump wants to say that he has thought it through and has a change of heart and now thinks it's a mistake to invade iraq or go into libya, that would be fine. you can change your mind, but you can't say you were always in one place when there is evidence
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to suggest the opposite. mark: on the substance, i'm with you. on the matter of politics and whether he has a worldview that can trump hers, she is, unfortunately for her, the best -- not the best person equipped to call him on this. there are voter questions about her own reliability in terms of economics and security. i believe that this could all catch up to him, but i also believe that a lot of things he is saying are popular with voters. john: the problem is that he does not have her credentials. she has issues on foreign policy, for sure. mark: is this election cycle where credentials matter to voters? john: there are some voters in the middle who will determine the outcome, and it very well might be. consistency actually does matter, and again, we know we have to call people to account. i know we've gone over time, but i will say that part of the
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reason why the bob gates thing was always a fantasy is precisely this, he does not know what the worldview of donald trump is. there is no consistency. these are all problems. we are hanging up now on donald trump, but not in a bad way. [hone rings] mark: just kidding. [laughter] john: coming up, two guests who will be here in the flesh, right after this. ♪
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mark: joining us now, two big thinking republicans, although not in the same way.
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his latest piece is titled "unity is a hate trump card." you say unity for the sake of unity is not enough. what is the problem with those who are joining trump for those reasons? >> at the end of the day, mr. trump is disqualified from being president. unity is fine, and i understand it. most situations, it applies in party politics. the question is unity for what end? unity for justice needs to be supported. as far as the will of the
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people, in a self-governing country, that carries the day, but the founders themselves were deeply worried about the passions of the public, and the will of the public is sometimes wrong. day.opuli is not vox the voice of the people is not the voice of god. they have gotten it wrong before. they will get it wrong again. i understand the pull of the unity argument and the pull of the will of the people argument, but it does not trump other arguments. at the end of the day, you have to make the decision that is best for the republic. mark: you will never be for trump. you will never be for clinton. you will sit this out if those are the choices. >> that's certainly right. i will certainly not vote for trump. hillary clinton has stood against everything i am for, so at this point i am out. mark: where are you on trump, being for him or not? >> i am in. i love pete. i think his arguments are as always persuasive.
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there is one argument that i might add to pete's next piece, and that is that there is another reason for unity, and that is that this country is an airplane headed for the mountain. a lot of people are concerned that we may reach a place from which we cannot return, and that we need someone to change direction now or there won't be a country that we can restore, and i think in one way, those of us in the establishment have been a little disconnected from that sense of urgency that the american people feel. it is not just about unity for unity sake. bring in the turnaround ceo and save the business from bankruptcy or there won't be a business. john: i won't speak for pete, but i know one of the things he wrote in his argument is that if you want to make an argument about trump versus clinton on the merits, but the notion of arguing for party unity sake does not make sense.
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we talked about this throughout 2015. you had deep concerns about donald trump's suitability for the office, about whether this guy could be trusted with nuclear codes, about whether his temperament was suited for the white house, and you talk about strategies to take him down. you were not a trumpista from beginning. what is it that has changed about donald trump that makes him ok with you in that office? >> something has changed about trump and something has changed about the situation. i lost. my other choices did not make it, and now i have a binary choice, and that choice is to continue in the direction of more the same, which i think is threatening the country, socialism and the extension of it in america's deadly, so that is one thing that has changed. the other thing that has changed is that i have seen donald trump throughout this campaign, and i see some things i like. i have seen the family that he
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is raised. that tells me something about the man. i talked to business associates. there is a loyalty in the man that i have come to appreciate, and i have seen his loyalty to voters and his respect for voters. when it is easy to throw voters under the bus because they are being politically incorrect, the little people are making too much noise at the dinner party, he does not throw the american voter under the bus. do i still have concerns? absolutely i do. do they pale in comparison to the urgency of the situation, which is something that i think pete showed address in his next piece? john: i get where you are on trump, but is abstaining a copout? there is a binary choice, so conservatives like you who decide i'm not under any moral obligation to vote, how are you going to feel if you wake up on election day and donald trump,
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who you say is unfit for office, is sitting there in the oval office when you abstained and in part allowed that to happen? >> right, it's a fair question, and i haven't got into the final decision yet. i just said i will not vote for donald trump under any circumstances. i do think hillary clinton is problematic. i don't think alex and i disagree on hillary clinton on her faults. he's right, the situation has changed. there is nothing about mr. trump in terms of his attitude and pronouncements and actions that is any different than it has been before. in fact, he himself said he will not change, and he used the analogy of the mountain. i agree we are in trouble and need to change direction, but the problem is that with the donald trump guiding the airplane, we will hit that mountain sooner, faster, and harder than we would otherwise do it. i want to say one other thing. obvously, i am in a minority in my party -- the inflection point
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on trump -- is the judgment about his temperament, his sensibilities, his prudence, his judgment, and i just think that he is not only worse than hillary clinton. he is in a category all his own. he is crude, cruel, and has a personality disorder, narcissistic, and i think he is dangerous. i really believe that if he were president, he is erratic and would be a danger to the republic, and he is certainly a danger to the republican party, everything i like about alex, and i respect him, everything that he and i have fought for is being washed away. this movement is not conservatism. i don't think the argument -- the country is more important. i think on both of those things, the republic and the republican party, i think donald trump is a real and present threat. >> i would add one thing. if we think the country is in revolt now and has turned to the choices it has now, wait eight
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years. if we continue to go in the same direction, eight years of stagnation, the world seems to be setting itself on fire and dissolving in front of our eyes. i think the choices that america might make then, so i think there is some urgency to the moment right now. mark: pete, i know you don't like trump, but is there somebody you would recommend as a running mate who would make you feel better in case he does win? >> i have not given it much thought because it would not make me feel better. he is going to go in his own direction and own way. there are a number of people out there who are impressive and good and who would help them, but at the end of the day, as you know, these decisions are almost made by the top of the ticket. i guess kennedy-johnson in 1960 was the last that made a difference, and i'm not under any illusion that a vice president is going to mitigate the worst tendencies of donald trump. it does not really matter to me. mark: it sounded like you might
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vote for hillary clinton, but we won't make you say that today. >> i am being completely candid and saying no, but given where trump is going, it's possible i can be persuaded. [laughter] mark: ok. thank you so much. we will be right back right with a romney-ryan policy director right after this. ♪
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john: we are back with our friends, and now the romney-ryan policy maven. do you detect in donald trump on his various policy pronouncements, do you see a
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real world view? >> i think it is a real worldview in his eyes. he sees it as an american-first frame, but that is not helpful in determining how, when america intervenes. or maybe his answer is that it doesn't intervene. i think he thinks it is coherent. his supporters think it is coherent, but am not sure for my policy worldview that it actually is. mark: hillary clinton is taking on a more aggressive gun-control position than any other nominee -- do you think the politics of that has shifted so that donald trump is making a mistake by embracing the nra's endorsement? >> remember he has a problem with conservatives too, and by doing what he did today, he's trying to signal them that they can trust him on the issues that the conservative movement cares about, but the politics of gun control are tricky, and in the states where this election is going to be fought, i'm not sure
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it is a bad move. john: now that you are on team trump, who would you like to see him pick as a running mate that would make him more solid and do him good politically and substantively? >> ronald reagan would be great. john: not available currently. >> i hear newt gingrich's name. i would be very comfortable with that. a bunch of good republican governors. i would be great with john kasich. there is another good, solid republican choice with experience on the hill. governor mary fallin, someone with a good record in governing, so i think there are some choices out there. the vice president will not transform the campaign. you are right. it might solidify the base a little bit, but it will not help him. donald trump is too big to be defined by a vice president.
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mark: what are the things you wonder about donald trump right now? >> one thing that a lot of people have said is that donald trump transcends a normal requirement for candidates. one of the things would be telling us what it is he might do when elected. so he said in some level of non-detail that we will build a wall, but he does not have a policy platform in a traditional way that candidates have been required to have them. can he get away with that? john: you know a lot of republican policy mavens. do you literally know a single person who is in the donald trump camp advising him on policy? >> no, i don't. there have been some names bandied about, folks that may have taken meetings with him, or provided their thoughts. but in terms of formally advising -- no, i don't. mark: what does that mean to people like you who thought that policy was such an important part of winning a nomination and being a candidate? >> presidential candidates are agenda setters. that is what they do. they are saying that this is what our country should care
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about, so him not articulating a vision or a specific set of policies is very dangerous for the country and the party. john: you worked for governor romney. today, eric erickson said mitt romney should run as a third-party candidate. would you vote for him? >> no. john: why? >> because it would elect hillary clinton. mark: when we come back, a new poll, the nra, and a triple threat of reporters, right after this. ♪
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billboard music awards moments, simply by using your voice. the billboard music awards, live sunday may 22nd, 8/5 pacific, only on abc. mark: with us now a sparkling , trifecta of journalists.
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in santa feis community college, where bernie sanders is speaking. one coming from our d.c. bureau. and another in the studio with us. big poll out from the cbs and new york times all related to the presidential race. hillary clinton and the donald trump with the mythical matchups. clinton with a 47-41 lead. that is narrower than it some polls have had it. the also same poll, national favorability numbers. turmp is 21% favorable with women. but bill clinton is unfavorable with men. sorry, hillary clinton is unfavorable with men. not much different with their gender problems with the opposite gender. and if the candidate is trustworthy, neither clinton or trump do well.
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less than 1/3 of voters saying they are trustworthy. talk about hillary clinton in the matchup. where do you think she stands now? is this a concept or does she still have the advantage a democrat would have? guest: right now, she has the advantage. but the danger is the next couple weeks and bernie sanders and his supporters. the question is how does she gain their trust and show them that this move to the left is legitimate and not just in the primary? john: the big story has been this nra and gun control story. walk us through the politics of gun control. hillary clinton is farther to the left than anybody on gun control in her lifetime. bravely and probably. and now trump, who was suspect
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in the eyes of many. he is now getting the endorsement, not surprisingly from the nra, given the choice. lay out the politics of that. the contrast between these two candidates is the staunchest we have seen in a generation. clinton has run pretty far to the left on gun control. she has taken a very staunch and strong stance on it. part of it is ahead of bernie bernie sanders given that guns are the one issue where she can claim stronger progressive credentials than him. donald trump is campaigning lockstep with the traditional agenda.nra previous nominees like john kerry and barack obama barely made a peep about gun control. hillary clinton is a dialing up the volume and she senses that
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the ground has shifted since sandy hook and shootings across the country have become more and more regular. john: it seemed like clinton was happy to take that position given where sanders is, seeming , that he is out of step with the democratic base. the center's was frustrated about not being able to counter that. do you think that puts her in a good position relative to the generally electorate, to be where she is now? arit: i think it helps her a lot with her base, with minorities, women especially, women losing their kids. women who see gun violence in their relative communities. those of the people who really care about guns. those of the people who are backing hillary clinton. for her to come at strong on in this primary has helped her a lot. in hartford, connecticut, she came across so human when she was talking to a mother who lost her child in newtown.
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just seeing her talking to people about it in a really human way helps her a lot. mark: totally agree. one of her best moments in the campaign is showing where her heart is. i think every candidate benefits when they talk about something that they actually believe in. this is an issue that she is as passionate about anything else. let's talk about judges. donald trump issued a challenge to hillary saying she should put out her own list of judges and potential justices the way he did. that seemed to me to be pretty shrewd politics, maybe base politics, but republicans have done very well talking about these issues in the last years. sahit: these issues are based mobilizers. as a political matter donald , trump helped himself by putting out this list. one of the big doubts about him is, is he going to pick the conservative justice to replace justice scalia.
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that is one thing the republican base is attuned to. i have asked the hillary clinton if they plan to put out a similar list and i have not heard any indication that she will. but the supreme court, again, if you're going to rank issues that would be consequential in this election, the supreme court ranks as high as anything i can imagine. not only because that the next president will likely choose the successor to justice scalia, but because 3 justices still sitting on the bench are going to be 78 years old, 80, and 83 on the next election day. it's possible that next president could avoid as many as 3 justices. -- could appoint as many as 4 justices. john: we will talk a lot about the democratic dynamics in the next block. but trump is now doing to think simultaneously. he says crazy bernie, crazy bernie, crazy bernie. and then he says he thinks sanders should run as a third-party candidate. it is funny because a lot of them coming to him, she would
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not want that if he stays in the race. what is going on? is trump inconsistent and crazy? or is there some method to this madness? mark: i think he's trying to play all the cards in one, and see who hits. [laughter] john: go fish! yancey hearts! blackjack! thing, throw trump things against the wall and see what sticks. john: when you talk about sanders's people, do you mean a lot, where if sanders isn't the nominee, they will vote for donald trump? arit: every once in a while, you will find someone who was republican in 2008 and now they like bernie sanders. as far as people that are on the fence, maybe in west virginia or kentucky, but most centers supporters -- sanders supporters are "i guess i will
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vote for hillary, or i guess i will just write his name in." write his name in. they are just diehard liberals. like trump is an anathema to them. john: they don't want to build a new system around donald trump your want to build a new system around socialism. mark: when we come back, kelly o'donnell will join us. don't forget if you're watching , us and washington, d.c., uconn you can listen to this program live on the radio at bloomberg 99.1 f.m. we will be right back.
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♪ mark: we are back with arit john, and we also have kelly o'donnell, who dialed in. there is an article right now.
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"while centers seems defiant on the stump, he is reassuring the regarding leaders that he is all in in stopping a donald trump presidency for the election." i want to ask kelly o'donnell, who is at a sanders rally in new mexico. sets the scene. how does bernie sanders seem? kelly: it really helps the candidate who have had one down day in palm springs. a down day is a term of art in the campaign world having no public events, but plenty of concert halls and work. today, bernie sanders is at santa fe community college and he seems a bit refreshed. but is not hitting hillary clinton as hard as we have seen recently. he is making his case that we see city by city and he is trying to really push voters to remain energized as we get to the farthest end of this primary season, not ceding any ground.
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the campaign also announced that it raised about $27 million in april. saying that tops what hillary clinton was able to raise for the fourth month in a row. while there are others doing the campaign math saying this is , really winding down for sanders, he is not willing to give that up. and in a place like new mexico, california to come, he is talking about adding to his 20 wins and hopes to have voters here be energized. so he's got a lot of stops. and of course, adding to the color of the sanders event before he took the stage, that behind the stage, talking to local media, meeting with people, there was native american music here, adding to a cultural aspect of the campaign trail. so as we are measuring, he is not as harshly going after hillary clinton today. but this is his first event of the day. and more to come. john: [laughter] that sort of jibes with your piece in a way.
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you have been talking to democratic senators who have been having semi private conversations with senator sanders whether he wants to burn the house down or make these eventually. -- makepeace eventually. sahit: it is a very revealing contrast. bernie sanders has taken a pretty defiant attitude. he continues to go after hillary clinton in pretty strong terms. he continues to paint the democratic party as fundamentally broken and needing major profound reforms to get right again. but behind the scenes, he is doing a lot of handwringing and tension among democrats, that his keeping on this way would hurt them in the fall and play into donald trump's hands. in the last week, he has called barbara boxer after some of the chaos in nevada when she was the target as the keynote speaker of some of his supporters. he has also called dick durbin. the number two democrat in the senate. senator durbin told me that he
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came out absolutely convinced that bernie sanders will fight for the team, fight for the democrats in the fall to defeat donald trump. so it reveals to me or suggests to me that on some level bernie , sanders is playing a game of leverage. he wants to go to the convention having picked up as many votes as possible, as many delegates to influence the democrat party platform, and he is using the argument that he needs to keep his supporters energized and do everything he can between now and july in philadelphia. he hasn't been very clear, straightforward about what exactly his strategy and endgame is but it is starting to come , together. mark: they asked sanders supporters would vote for , clinton. 72% said they would. that means 28% said that they want. -- that's great won't.
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eight years ago, only 60% of clinton supporters said that they would vote for obama. you've talked to a lot of sanders supporters. if he comes out and says everyone who supports me i want to vote for hillary clinton, will that raise the number, 72% of his voters, follow hillary clinton? arit: it depends a little bit on hillary clinton. if sanders supporters get the sense that she is not committed to these more to the left changes, then they will stay home. mark: but if he says they are -- if he says hillary clinton is progressive and a champion, will that be good enough for will they reach their own independent judgment? arit: the problem for sanders is, just because he said, oh, you know, everything is fine -- he didn't tell supporters in nevada to yell and shout. but he did say -- his campaign has put out this idea that there has been some
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disenfranchisement, some unfairness. like in new york, voters were purged and arizona had lines that were long. people see that and they go the extra step. just because sanders says you should vote for hillary clinton, there is the sense they need to be convinced. mark: i agree. john: thank you for all your time and wisdom and happy friday. have a good weekend. up next, steve case on his new book, "the third wave, an entrepreneurs vision of the future." right here after this. ♪
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♪ mark: welcome.
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you've got guests. or we got a guest. aol cofounder and a big thinker about pretty much everything, steve case. he's got a new book out called "the third wave, an entrepreneurs vision of the future." steve case charges from -- joins us from the washington bureau. a bestseller -- congratulations. steve: thank you very much. mark: it's really about where the world is, where the country is. in the title begs the question, set the table for us a little bit, what was the first wave? what was the second wave? and now what is the third wave? steve: the first was building the internet. getting everybody connected to the internet. when we started, only 3% of people were online. now everybody is online. the second wave in the last 15 years or so, building apps and services. so facebook and google and twitter. and the third wave is integrating the internet more seamlessly throughout our lives, throughout our society things , like energy and transportation, food, health
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care, education. the reason i wrote the book -- it will require different playbook, people, partnerships, policy, to be really effective. john: i have two questions that are related. one, donald trump is a businessman. do you see a kindred spirit in donald trump? is there a character there that you recognize and feel a kinship with? steve: at some level, yes. because he has an entrepreneur background. i stay out of the politics side of things. i focus on trying to bring people together on policy, particularly on innovation. frankly, i wish this election had been more focused on entrepreneurship and innovation and the economic outlook. we counted all the debates in the last year, 600 or 700 questions. less than half a dozen questions were on these core issues of
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entrepreneurship and innovation. that is the point of the book. john: i'm not trying to drag you to the realm of politics, we don't ago. steve: sure you are. john: these are two human beings running for president. hillary clinton and donald trump, as an entrepreneur who wants to greater policy climate that is favorable to entrepreneurship, you look at the two of them and what they have said so far in this campaign -- how do you evaluate them relatively speaking -- not saying who you endorse, but how do you evaluate what they have said on these topics? steve: they haven't said that much on these issues. on both sides, it has not been a big focus of the campaigns or the debates. hopefully, that will change in the months to come. here in d.c., 250 years ago, america was a startup. it was just an idea. and the reason it is the way it is is because of the work of entrepreneurs. we had the industrial revolution and the technology revolution.
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we need to focus more on these issues -- what does it take to remain the most innovative nation? a lot of things around immigration and investment incentives. we focus on that in the book. mark: one reason people are attracted to the book -- it does have a vision for the future. but i want to ask you about the present. in these third wave realms, what is a current foreshadowing of the future where the internet is playing a big role in the future, saying this is what things look like more and more down the road. steve: places like new orleans, they reinvented their school system in the last decade. it's called education technology. there is a lot of interest in the area of smart cities. autonomous cars is a big part of that. and a lot of startups are focused on how do we move around cities?
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more people are living in cities. that will be another big fame. so it comes across all sectors of the economy. health care is 1/6 of our economy. there is a lot of work now in keeping people healthy now, diagnoses for life-threatening diseases. the third wave comes across a lot of important aspects about our lives. it's where the internet meets the real world. john: it's often said that the innovation going on in government is going on at the state and city level. are there places you can point to across the country where there have been innovations in the way government works, or to particularly innovations that create a better climate for innovation that could be adaptive to the federal government easily? steve: sure. one positive thing on the federal government, four years
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ago, the congress passed the jobs act. that has one provision around crowdfunding that went into effect this week. now it could be a game changer for people not in silicon valley or new york, but other parts of the country. last week, i was in colorado. we spent some time with the governor and entrepreneurs. their unemployment is under 3%. there are a lot of cranes. they are building new buildings. they figured out a good way to work together the government and , the private sector working together. i think we will be more than in the third wave. the innovators will need to talk to the policymakers, whether at the local level or more. mark: moving gdp from 2% to 3.5%, what is holding us back? steve: a lot of things. but the most important is we need to focus on entrepreneurs everywhere. last year, 75% of venture capital went to california, new
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york and massachusetts. 47 states fought over the other 25%. 90% went to men. 1% went to people of color. we need to level the playing field across the country and make sure that everybody has a chance. the reason that is so important -- if you look at the data from the kauffman foundation can all the job growth comes from these young startups, not from the small businesses and the big as businesses but the young , startups. if you want to drive economic growth or job growth, you have to focus on the startups. but not just up in a few places. everywhere across the country. mark: steve case, congratulations again. the best selling book. you can even buy it on the internet. steve is the new alvin tossler. mark: yeah. steve, congratulations. we will be right back. ♪
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john: you can watch us anytime on bloomberg.com. you can listen to my podcast. this week we talk about the new documentary "weiner." in new york, it outlines weiner's campaign and embarrassing detail. coming up on "bloomberg west" emily chang is talking to the about food eo delivery. until monday, he's back, i'm still here. sayonara. ♪
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♪ >> the contemporary art world is vibrant and booming like never before. it is the 21st century phenomenon, a global industry in its own right. "brilliant ideas" looks at the artists at the heart of this. artists with a unique power to , challenge, and astonish. in this program, artist michael craig-martin. ♪

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